Grand Meadow, SD is a small town located in the Midwestern United States. It offers a quaint and relaxed atmosphere with plenty of outdoor activities to enjoy. The cost of living in Grand Meadow is very affordable when compared to the rest of the US- with an average two bedroom rent at $960 USD per month, as opposed to the national average of $1430. Grocery costs are also lower than average in Grand Meadow, with a grocery cost index rating of 101 versus 100 nationally. Local companies such as Grand Meadow Tire & Auto or Grand Meadow Trading Post provide services and products throughout the community. In all, Grand Meadow is an ideal place for those looking for a well-rounded life at an affordable price.
Grand Meadow has an unemployment rate of 3.2%. The US average is 6.0%.
Grand Meadow has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Grand Meadow
- The Sales Tax Rate for Grand Meadow is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Grand Meadow is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Grand Meadow
- The average income of a Grand Meadow resident is $63,070 a year. The US average is $37,638 a year.
- The Median household income of a Grand Meadow resident is $0 a year. The US average is $69,021 a year.